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Trump Vows to End Taxes on Overtime. Here’s What It Means for the Economy

The measure would likely affect millions of workers.
Trump Vows to End Taxes on Overtime. Here’s What It Means for the Economy
Staff at work in the Boatsetter office, a boat-renting tech company in Fort Lauderdale, Fla., on Aug. 7, 2019. Women are 26 percent more likely than men to seek out remote jobs, according to a 2021 study. Gianrigo Marletta/AFP via Getty Images
Andrew Moran
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Former President Donald Trump pledged during a campaign rally on Sept. 12 to eliminate taxes on overtime pay for workers who clock in more than 40 hours a week.

Trump’s latest campaign proposal joins the growing list of measures to lower individual taxes for millions of Americans, such as eliminating taxes on tips and Social Security benefits.

Andrew Moran
Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."